Medical Vacuum System

Global medical vacuum system will have an incremental growth in coming years. According to the WK Research, “Global Medical Vacuum System Professional Survey Report 2024, Forecast to 2029”, growing technological advancements in vacuum systems and rising stringency in the regulatory framework for the use of vacuum systems are the two main factors that are expected to fuel the market for Medical Vacuum systems. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 6.33% base on WK Research regression analysis model.

Analysts’ Viewpoint:
“Manufacturers should focus their R&D activities on developing technologically advanced products. Increasing adoption of such products will surge the demand for medical vacuum systems, thereby driving industry growth in the coming years”, said Kevin Rose, Senior analyst, in WK Research.

Market insight:
Rapidly surging number of hospital admissions will serve to be positive impact rendering factor for business growth. Thus, growing demand for technologically advanced and superior quality medical vacuums for installation in hospital settings will favour industry growth. Newly introduced medical vacuum systems are designed to produce suction system that facilitates safe removal of undesirable fluids and gases to ensure sterility during surgical intervention. Aforementioned factors should enhance the demand for these systems in the healthcare industry.
Furthermore, medical vacuum systems can be found in the form of dual, tri, and four-pump systems. Such systems are highly applicable in the areas of therapeutic, pharma-biotech, research, and also diagnostic. Growing case of periodontal diseases, rising use of NPWT for managing diabetic ulcers, and increasing popularity of target medical procedures are expected to increase the usage of medical vacuum systems in various therapeutic applications. Such factors are also propelling expansion in the global medical vacuum systems market. Apart from these, medical vacuum systems are highly adopted in the hospitals, ambulatory care centers, surgical centers, pharmaceutical and biotechnology manufacturers, and diagnostic laboratories. Such USPs are also expected to fuel growth in the global medical vacuum systems market.
However, high cost of medical vacuum systems and difficulty in maintaining the device may hinder the growth of the global medical vacuum systems market. Nonetheless, such deterrents may not impact the momentum expected in the global medical vacuum systems market in the near term.

Competition Landscape:
In March 2018, Walker Filtration Ltd., a manufacturer of high-efficiency equipment for the treatment of compressed gas, air and vacuum was acquired by Atlas Copco, that offers sustainable productivity solutions. The acquisition aimed at enhancing company’s existing product portfolio and increasing its competence and presence in the market of equipment for the treatment of compressed vacuum, air and gas. This WK Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical vacuum system companies that include: Atlas Copco AB, Gardner Denver Holdings, Busch Holding GmbH, Drägerwerk AG & Co. KGaA, Olympus Corporation, ConvaTec, INTEGRA Holdings, Allied Healthcare Products Inc., Medela AG, Air Techniques, Laerdal Medical.

Segmentation of Medical Vacuum System Market:
According to the type, the market for medical vacuum system is divided into: Standalone Vacuum Systems Centralized Vacuum Systems, Portable Vacuum Systems, and Accessories. The standalone vacuum systems segment is expected to hold the largest share of the market mainly due to the huge end-user base for compact/standalone products, high adoption of these systems among dental clinics and research labs, and their advantages in the aforementioned settings.
According to the technology, the market for medical vacuum system is divided into: Dry Rotary Vane, Oil-sealed Rotary Vane, Dry Claw Vacuum Pump, Oil-sealed Liquid Ring, Water-sealed Liquid Ring. Oil-sealed Rotary Vane has the largest market share. Oil sealed rotary vane technology segment accounted the most revenue share and is anticipated to show similar growth during the analysis timeline. Increasing demand for technologically advanced oil sealed rotary vane in healthcare industry should foster segmental growth. Additionally, benefits such as air-cooled design and long vane life will further augment oil sealed rotary vane technology segment growth.
According to the application, the market for medical vacuum system is divided into: Pharma-biotech Manufacturing, Therapeutic Applications, Diagnostic Applications, and Research Applications. Therapeutic Applications has the largest market share. The therapeutic applications segment accounted for the largest share of the market due to the rising incidence of dental caries and other periodontal diseases, increasing use of NPWT for diabetic ulcer management, and the increasing number of target medical procedures across major markets.

Medical Vacuum System Market: Regional Analysis
In terms of geography, the global medical vacuum system market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America medical vacuum systems market is projected to have the most market share during forthcoming years. Regional growth is attributed to increasing awareness regarding innovative and advanced medical vacuums. Additionally, well-developed healthcare infrastructure and strong foothold of prominent industry players in the region will accelerate North America medical vacuum systems industry growth.
Asia Pacific medical vacuum systems market was valued the most million. Growing geriatric population suffering from several chronic diseases and increasing government initiatives for enhanced healthcare infrastructure in the region will foster business growth.

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